The UAE attracted $48.3 billion (AED177.3 billion) in inbound foreign direct investment (FDI) in 2025, marking a fourth consecutive year of record inflows and a 6% increase year-on-year.
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US President Donald Trump said on Wednesday that the interim agreement between the United States and Iran aimed at ending weeks of hostilities was effectively "over," following a sharp escalation in military exchanges across the Gulf that has further rattled global energy markets and disrupted shipping through the Strait of Hormuz.
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Global foreign direct investment rose 6% to $1.6 trillion in 2025, ending two years of decline, but the recovery remains narrow, fragile and uneven, according to the World Investment Report 2026 by UN Trade and Development (UNCTAD).
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The United States launched a fresh wave of military strikes across Iran overnight, targeting more than 80 sites after Tehran resumed attacks on commercial shipping in the Strait of Hormuz, further destabilising a fragile ceasefire agreed less than three weeks ago.
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The GCC sovereigns’ stable credit quality is backed by strong, hydrocarbon-driven economic recovery in 2027. However, that prolonged geopolitical uncertainty could strain public finances and expose variances in sovereigns' fiscal ability to absorb lengthy disruptions, said S&P Global Rating.
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Modon’s Hudayriyat Golf Estates on Hudayriyat Island, Abu Dhabi has achieved record-breaking sales exceeding AED13 billion ($3.54 billion) within days of launch, marking the highest publicly recorded sales value for a single residential project launch in the UAE.
Adnoc and XRG have signed a Strategic Collaboration Agreement with Mitsui to expand cooperation across LNG, crude oil, sulfur, shipping and chemicals, while exploring international energy investments and strengthening long-term supply, logistics and market development initiatives.
Saudi Arabia is looking for private investors to fund a $135 million ferris wheel in Madinah, as the kingdom pushes to expand attractions for pilgrims and domestic travellers beyond its holy sites, said a report. The project, Hijaz Eye, would be built on a 33,700 sq m plot, roughly the size of five football pitches.
Business activity across the Saudi construction sector gained considerable momentum in June, supported by stronger performances across residential, non-residential structures (office/commercial, institutional, industrial) as well as infrastructure (transportation, energy/utilities), said a report.
Global oil markets are sending the wrong signal by treating the latest attacks on commercial shipping in the Strait of Hormuz as a contained geopolitical incident rather than a potentially significant threat to energy supplies, warns the CEO of financial advisory giant deVere Group.
Fluor Corporation, a leading provider of engineering, procurement, construction and maintenance services, has announced that it has been selected by Saudi oil giant Aramco as a programme management consultancy (PMC) contractor to support its global capital projects portfolio.
Saudi Arabia has taken another strategic step in transforming tourism access, with the launch of the Package Visa pilot. The Package visa will be offered through approved general travel and tourism service providers in several pilot markets.
Dubai Aerospace Enterprise (DAE) and Neuberger Specialty Finance on Monday announced an agreement to launch Mustang Aerospace (Mustang), a new aircraft leasing co-investment venture.
Saudi Arabia awarded 25 projects in June 2026 — the highest monthly total during the year — valued at more than SAR29.5 billion ($7.9 billion), reported SPA, citing official data. Of this, the construction sector accounted for the largest share, with 14 projects worth more than SAR20.6 billion ($5.4 billion).
Saudi Arabia’s cement sales volume in June increased by 8.9% year-on-year to 4.39 metric tonnes, reflecting a recovery from last month’s decline, according to a new report by Al Rajhi capital. Yamama continues to maintain dominant market share.
Alternative Energy Projects Company (AEP), a Kuwait-based renewable energy developer, has announced plans to raise capital to fund the expansion of its solar energy business across Kuwait and Mena region. It has appointed Kamco Invest, in collaboration with Burgan Bank, to lead the transaction.
Barbados’ Minister of Tourism and International Transport, the Hon. Ian Gooding-Edghill, has highlighted the importance of collaboration, cultural preservation, and sustainable development in shaping the future of the island’s tourism sector as he officially opened Connect Barbados 2026.
Saudi Arabia’s cement sales volume in June increased by 8.9% year-on-year to 4.39 metric tonnes, reflecting a recovery from last month’s decline, according to a new report by Al Rajhi capital. Yamama continues to maintain dominant market share.
The GCC sovereigns’ stable credit quality is backed by strong, hydrocarbon-driven economic recovery in 2027. However, that prolonged geopolitical uncertainty could strain public finances and expose variances in sovereigns' fiscal ability to absorb lengthy disruptions, said S&P Global Rating.
Avenew Development and Kora Properties have announced the launch of O1NE District, a mixed-use destination being developed at an investment of AED6 billion ($1.6 billion) in the heart of Dubai Motor City. It boasts six commercial towers, an integrated retail hub, healthcare facilities and landscaped public spaces.
Total CX, part of Bahrain-headquartered international technology group Beyon, has announced the signing of a strategic agreement with Ibn Al Nafees Hospital to deliver innovative customer experience services and AI solutions that support and enhance the hospital's operations.
GEMS Education, one of the world’s leading private K-12 education provider, has said that more than 12,000 of its students have secured university admission offers for the 2026/27 academic year across 1,470 universities around the world.
Bahrain's Institute for Pearls and Gemstones (Danat) has named a new board of directors led by Chairman Mohamed Ahmed AlSada. The reconstituted board will oversee the institute's pearl, gemstone and jewellery testing services and support its role in the kingdom’s gem industry.
The UAE attracted $48.3 billion (AED177.3 billion) in inbound foreign direct investment (FDI) in 2025, marking a fourth consecutive year of record inflows and a 6% increase year-on-year.
Khalifa Economic Zones Abu Dhabi - KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, will host Touchdown Middle East 2026 in Abu Dhabi, marking the first time the region-wide data centre conference will take place in the UAE.
Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, today announced the completion of its acquisition of 100% of the share capital of National Taxi, following receipt of all required regulatory approvals.
Dubai Investments has been awarded the Gold Tier in the Majra Impact Seal’s Large Companies category, following a multi phase evaluation under Majra – National CSR Fund’s Impact Framework.
US President Donald Trump said on Wednesday that the interim agreement between the United States and Iran aimed at ending weeks of hostilities was effectively "over," following a sharp escalation in military exchanges across the Gulf that has further rattled global energy markets and disrupted shipping through the Strait of Hormuz.
